Limited partner
Revision as of 20:04, 20 December 2018 by Gary (talk | contribs) (Created page with "Limited partner is the partner's liability is limited to the amount of investment in the partnership. ==Definitions== According to College Accounting: A Practical Appro...")
Limited partner is the partner's liability is limited to the amount of investment in the partnership.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Limited partner. The partner's liability is limited to the amount of investment in the partnership.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
